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* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SHSE:688109 vs QH, SHOP, UBER: Days Payable Comparison
For the Software - Application subindustry, Hangzhou Pinming Software Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hangzhou Pinming Software Co Days Payable vs Software Industry
For the Software industry and Technology sector, Hangzhou Pinming Software Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Hangzhou Pinming Software Co's Days Payable falls into.
Hangzhou Pinming Software Co Days Payable Calculation
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hangzhou Pinming Software Co (SHSE:688109) has a Days Payable of 354.51 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hangzhou Pinming Software Co and its competitors. This is 436% above median its historical median of 66.10. Over the past decade, Hangzhou Pinming Software Co's Days Payable has ranged from 25.82 to 156.73. According to the industry distribution chart, Hangzhou Pinming Software Co ranks #572 out of 2611 companies in the Software industry, placing it in the top 21.9%.
Is Hangzhou Pinming Software Co's Days Payable too high?
Hangzhou Pinming Software Co's current Days Payable of 354.51 is 436% above median its 10-year median of 66.10. Over the past 10 years, this metric has ranged from a low of 25.82 to a high of 156.73. The Software industry median Days Payable is 52.78. Hangzhou Pinming Software Co's value of 354.51 is 571.7% above this industry median. Based on the distribution chart, Hangzhou Pinming Software Co ranks #572 out of 2611 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Hangzhou Pinming Software Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Pinming Software Co's Days Payable compare to QH and SHOP?
According to the Software industry distribution chart, Hangzhou Pinming Software Co ranks #572 out of 2611 companies for Days Payable. This places Hangzhou Pinming Software Co in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 52.78. Hangzhou Pinming Software Co's value of 354.51 is 571.7% above this benchmark. Historically, Hangzhou Pinming Software Co's own Days Payable has ranged from 25.82 to 156.73 over the past decade. While the company's 10-year median is 66.10 vs. the industry median of 52.78, Hangzhou Pinming Software Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Software company?
The median Days Payable among Software companies is 52.78, based on 2,611 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hangzhou Pinming Software Co's current Days Payable of 354.51 is 571.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hangzhou Pinming Software Co and its competitors. For the Software industry, the median Days Payable is 52.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou Pinming Software Co's current Days Payable is 354.51, which is 436% above median its own 10-year median of 66.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Pinming Software Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou Pinming Software Co (SHSE:688109) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥29.53, compared to a current price of ¥65.96 — trading 123.4% above its estimated fair value. The current Days Payable is 354.51, which is 436% above median its 10-year median of 66.10 and 571.7% above the Software industry median of 52.78. Hangzhou Pinming Software Co's overall GF Score™ is 63/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Hangzhou Pinming Software Co (SHSE:688109), the current Days Payable is 354.51 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hangzhou Pinming Software Co (SHSE:688109) Overvalued in 2026?
Based on GuruFocus' analysis, Hangzhou Pinming Software Co stock appears to be overvalued.
The current stock price of ¥65.96 is trading 123.4% above its estimated GF Value™ of ¥29.53.
GuruFocus considers Hangzhou Pinming Software Co to be Significantly Overvalued.
Key valuation signals for SHSE:688109:
Days Payable: 354.51 (436% above median its 10-year median of 66.10)
GF Value™: ¥29.53 vs. price of ¥65.96 (123.4% above fair value)
Industry Position: 571.7% above the Software median (#572 of 2611)
No single metric tells the full story. See the SHSE:688109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hangzhou Pinming Software Co Ltd is a provider of applied technology and products of digital construction in the construction phase. It focuses on the field of engineering construction information technology. Its business covers engineering cost, construction software, BIM software, smart construction sites, and universities. , Industry supervision, infrastructure and others.
63GF Score
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